What the hell is the deal with Tether?

It was a simple concept: a cryptocurrency whose units were always and constantly worth exactly one dollar, because they were backed by dollars held in a bank. Voila: dollars with the powers of crypto, such as the ability to quickly and permissionlessly transfer an arbitrary amount … and, er, a certain lack of pesky regulations. […] https://ift.tt/2OIs2h6 Jon Evans August 19, 2018 at 12:00PM